10-Q Filing

MEDTRONIC PLC CIK: 1613103 Q3 2024

Filing Information

Form Type	10-Q
Accession Number	`0001613103-24-000011`
Period End Date	20240131
Filing Date	20240227
Fiscal Year	2024
Fiscal Period	Q3
XBRL Instance	mdt-20240126_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 84 Cash Flow Statement 76 Stockholders Equity 66 Comprehensive Income 48

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$180.00M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$176.00M	USD	Point-in-time
Ordinary shares, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary shares, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary shares authorized (shares)	`CommonStockSharesAuthorized`	2.60B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.54B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.62B	USD	Point-in-time
Ordinary shares authorized (shares)	`CommonStockSharesAuthorized`	2.60B	shares	Point-in-time
Ordinary shares issued (shares)	`CommonStockSharesIssued`	1.33B	shares	Point-in-time
Ordinary shares issued (shares)	`CommonStockSharesIssued`	1.33B	shares	Point-in-time
Investments	`ShortTermInvestments`	$6.42B	USD	Point-in-time
Investments	`ShortTermInvestments`	$6.70B	USD	Point-in-time
Ordinary shares outstanding (shares)	`CommonStockSharesOutstanding`	1.33B	shares	Point-in-time
Accounts receivable, less allowances and credit losses of $180 and $176, respectively	`AccountsReceivableNetCurrent`	$6.00B	USD	Point-in-time
Accounts receivable, less allowances and credit losses of $180 and $176, respectively	`AccountsReceivableNetCurrent`	$5.97B	USD	Point-in-time
Ordinary shares outstanding (shares)	`CommonStockSharesOutstanding`	1.33B	shares	Point-in-time
Inventories, net	`InventoryNet`	$5.73B	USD	Point-in-time
Inventories, net	`InventoryNet`	$5.29B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.42B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.50B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.68B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.51B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$5.57B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$5.84B	USD	Point-in-time
Goodwill	`Goodwill`	$41.16B	USD	Point-in-time
Goodwill	`Goodwill`	$41.42B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$14.84B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$13.69B	USD	Point-in-time
Tax assets	`DeferredIncomeTaxAssetsNet`	$3.60B	USD	Point-in-time
Tax assets	`DeferredIncomeTaxAssetsNet`	$3.48B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.04B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.96B	USD	Point-in-time
Total assets	`Assets`	$90.84B	USD	Point-in-time
Total assets	`Assets`	$90.95B	USD	Point-in-time
Current debt obligations	`DebtCurrent`	$1.03B	USD	Point-in-time
Current debt obligations	`DebtCurrent`	$20.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.99B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.66B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$2.17B	USD	Point-in-time
Accrued compensation	`DeferredCompensationLiabilityCurrent`	$1.95B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$840.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.11B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$3.49B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$3.58B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.79B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.05B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$24.34B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$24.15B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.09B	USD	Point-in-time
Accrued compensation and retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.05B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$1.82B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesNoncurrent`	$2.36B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$708.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$615.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.41B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.73B	USD	Point-in-time
Total liabilities	`Liabilities`	$38.84B	USD	Point-in-time
Total liabilities	`Liabilities`	$39.28B	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares par value $0.0001, 2.6 billion shares authorized, 1,329,653,024 and 1,330,809,036 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares par value $0.0001, 2.6 billion shares authorized, 1,329,653,024 and 1,330,809,036 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.59B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.59B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$30.66B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$30.39B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.50B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.46B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$51.48B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$51.79B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$182.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$204.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.37B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.00B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.72B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.65B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.06B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.62B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.84B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$90.95B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$90.84B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.09B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.73B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.77B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.68B	USD	3 Qtrs
Cost of products sold, excluding amortization of intangible assets	`CostOfGoodsAndServicesSold`	$8.17B	USD	3 Qtrs
Cost of products sold, excluding amortization of intangible assets	`CostOfGoodsAndServicesSold`	$7.74B	USD	3 Qtrs
Cost of products sold, excluding amortization of intangible assets	`CostOfGoodsAndServicesSold`	$2.78B	USD	1 Quarter
Cost of products sold, excluding amortization of intangible assets	`CostOfGoodsAndServicesSold`	$2.69B	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$2.06B	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$2.06B	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$688.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$695.00M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.67B	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.80B	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.62B	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.97B	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$431.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$419.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.27B	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.27B	USD	3 Qtrs
Restructuring charges, net	`RestructuringChargesNetOfRestructuringReversalsIncludingCostOfProductSoldImpact`	$20.00M	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetOfRestructuringReversalsIncludingCostOfProductSoldImpact`	$81.00M	USD	3 Qtrs
Restructuring charges, net	`RestructuringChargesNetOfRestructuringReversalsIncludingCostOfProductSoldImpact`	$38.00M	USD	1 Quarter
Restructuring charges, net	`RestructuringChargesNetOfRestructuringReversalsIncludingCostOfProductSoldImpact`	$114.00M	USD	3 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	-	USD	1 Quarter
Certain litigation charges	`LossContingencyAccrualProvision`	$105.00M	USD	3 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	-	USD	3 Qtrs
Certain litigation charges	`LossContingencyAccrualProvision`	-	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$13.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$125.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-17.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$187.00M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$4.09B	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$1.39B	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$3.92B	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$1.48B	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$177.00M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$149.00M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$342.00M	USD	3 Qtrs
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$407.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$517.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$449.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$188.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$167.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.47B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.38B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.81B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.98B	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$135.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.22B	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$146.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$936.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.34B	USD	1 Quarter
Net income	`ProfitLoss`	$797.00M	USD	1 Quarter
Net income	`ProfitLoss`	$931.00M	USD	1 Quarter
Net income	`ProfitLoss`	$2.60B	USD	3 Qtrs
Net income	`ProfitLoss`	$3.04B	USD	3 Qtrs
Net income	`ProfitLoss`	$911.00M	USD	1 Quarter
Net income	`ProfitLoss`	$435.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.23B	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$23.00M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$1.32B	USD	1 Quarter
Net income attributable to Medtronic	`NetIncomeLoss`	$2.58B	USD	3 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$3.02B	USD	3 Qtrs
Net income attributable to Medtronic	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$2.27	USD	3 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$0.99	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.94	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.99	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.94	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$2.27	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.33B	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.33B	shares	3 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.33B	shares	3 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.33B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.33B	shares	3 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.33B	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.33B	shares	3 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.33B	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$797.00M	USD	1 Quarter
Net income	`ProfitLoss`	$931.00M	USD	1 Quarter
Net income	`ProfitLoss`	$2.60B	USD	3 Qtrs
Net income	`ProfitLoss`	$3.04B	USD	3 Qtrs
Net income	`ProfitLoss`	$911.00M	USD	1 Quarter
Net income	`ProfitLoss`	$435.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.23B	USD	1 Quarter
Net income	`ProfitLoss`	$1.34B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.99B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.02B	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$62.00M	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$54.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-250.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-78.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$280.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$303.00M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-53.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-265.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-182.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$140.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsAndNotesReceivable`	$408.00M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$530.00M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$936.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-253.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$163.00M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$344.00M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$485.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.01B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.58B	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.87B	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$74.00M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.16B	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.08B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$5.47B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$5.42B	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$5.14B	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$5.39B	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$155.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-15.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.67B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.02B	USD	3 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$1.01B	USD	3 Qtrs
Change in current debt obligations, net	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$625.00M	USD	3 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebt`	-	USD	3 Qtrs
Proceeds from short-term borrowings (maturities greater than 90 days)	`ProceedsFromShortTermDebt`	$2.28B	USD	3 Qtrs
Issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$3.43B	USD	3 Qtrs
Issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$3.08B	USD	3 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$2.75B	USD	3 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$2.71B	USD	3 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$206.00M	USD	3 Qtrs
Issuance of ordinary shares	`ProceedsFromIssuanceOrSaleOfEquity`	$209.00M	USD	3 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$548.00M	USD	3 Qtrs
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$510.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-44.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-276.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.09B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-70.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-170.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$317.00M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$80.00M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$808.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.52B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.71B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.62B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.52B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.71B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.62B	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$1.40B	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$1.31B	USD	3 Qtrs
Interest	`InterestPaidNet`	$262.00M	USD	3 Qtrs
Interest	`InterestPaidNet`	$568.00M	USD	3 Qtrs

Stockholders Equity 66 line items

Line Item	Tag	Value	Unit	Period
Dividends to shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.68	USD	1 Quarter
Dividends to shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.69	USD	1 Quarter
Dividends to shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.69	USD	1 Quarter
Dividends to shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.68	USD	1 Quarter
Dividends to shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.69	USD	1 Quarter
Beginning balance (shares)	`CommonStockSharesOutstanding`	1.33B	shares	Point-in-time
Beginning balance (shares)	`CommonStockSharesOutstanding`	1.33B	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.84B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.62B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.06B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.72B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.00B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.37B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.65B	USD	Point-in-time
Net income	`ProfitLoss`	$435.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.34B	USD	1 Quarter
Net income	`ProfitLoss`	$1.23B	USD	1 Quarter
Net income	`ProfitLoss`	$911.00M	USD	1 Quarter
Net income	`ProfitLoss`	$931.00M	USD	1 Quarter
Net income	`ProfitLoss`	$2.60B	USD	3 Qtrs
Net income	`ProfitLoss`	$797.00M	USD	1 Quarter
Net income	`ProfitLoss`	$3.04B	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-824.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-81.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$39.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-924.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-424.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$295.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-175.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$324.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$917.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$904.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$918.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$904.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$918.00M	USD	1 Quarter
Dividends to shareholders	`DividendsCommonStockCash`	$903.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$73.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$35.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$48.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$41.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$49.00M	USD	1 Quarter
Issuance of shares under stock purchase and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$55.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$148.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$85.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$63.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$333.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$124.00M	USD	1 Quarter
Repurchase of ordinary shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$189.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$85.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$81.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$73.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$137.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$146.00M	USD	1 Quarter
Changes to noncontrolling ownership interests	`MinorityInterestPeriodIncreaseDecrease`	$-6.00M	USD	1 Quarter
Ending balance (shares)	`CommonStockSharesOutstanding`	1.33B	shares	Point-in-time
Ending balance (shares)	`CommonStockSharesOutstanding`	1.33B	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.06B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.62B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.65B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.66B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.00B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$51.37B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.72B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.84B	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$797.00M	USD	1 Quarter
Net income	`ProfitLoss`	$931.00M	USD	1 Quarter
Net income	`ProfitLoss`	$2.60B	USD	3 Qtrs
Net income	`ProfitLoss`	$3.04B	USD	3 Qtrs
Net income	`ProfitLoss`	$911.00M	USD	1 Quarter
Net income	`ProfitLoss`	$435.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.23B	USD	1 Quarter
Net income	`ProfitLoss`	$1.34B	USD	1 Quarter
Unrealized gain (loss) on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$107.00M	USD	1 Quarter
Unrealized gain (loss) on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-76.00M	USD	3 Qtrs
Unrealized gain (loss) on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$111.00M	USD	1 Quarter
Unrealized gain (loss) on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$73.00M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-461.00M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.69B	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-20.00M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$450.00M	USD	1 Quarter
Net investment hedge	`OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodNetInvestmentHedgeNetOfTax`	$-1.86B	USD	1 Quarter
Net investment hedge	`OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodNetInvestmentHedgeNetOfTax`	$-449.00M	USD	3 Qtrs
Net investment hedge	`OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodNetInvestmentHedgeNetOfTax`	$348.00M	USD	3 Qtrs
Net investment hedge	`OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativesArisingDuringPeriodNetInvestmentHedgeNetOfTax`	$-424.00M	USD	1 Quarter
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.00M	USD	3 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	3 Qtrs
Net change in retirement obligations	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$2.00M	USD	1 Quarter
Unrealized (loss) gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-220.00M	USD	1 Quarter
Unrealized (loss) gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-382.00M	USD	3 Qtrs
Unrealized (loss) gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-760.00M	USD	1 Quarter
Unrealized (loss) gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$74.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$324.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$295.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-424.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-175.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$39.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-81.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-824.00M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-924.00M	USD	3 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.08B	USD	3 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	1 Quarter
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	3 Qtrs
Comprehensive income including noncontrolling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$405.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$23.00M	USD	3 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$394.00M	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$3.06B	USD	3 Qtrs
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.24B	USD	1 Quarter
Comprehensive income attributable to Medtronic	`ComprehensiveIncomeNetOfTax`	$1.65B	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.